Source: www.reuters.com
1 Min Read
(Reuters) - Private equity firm Carlyle Group Inc said on Monday it had entered an all-cash deal to buy U.S. defense contractor ManTech International Corp for $3.93 bln.
Reuters exclusively reported in February that ManTech’s co-founder, George Pederson, was exploring options for his controlling stake that included a sale of the company.
Reporting by Tiyashi Datta, Aishwarya Nair and Akash Sriram in Bengaluru; Editing by Shinjini Ganguli